CenterBook Partners LP Acquires Shares of 100,843 PagSeguro Digital Ltd. $PAGS

CenterBook Partners LP bought a new position in PagSeguro Digital Ltd. (NYSE:PAGS) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 100,843 shares of the company’s stock, valued at approximately $1,008,000.

A number of other large investors have also recently made changes to their positions in the stock. CWM LLC increased its stake in PagSeguro Digital by 78.1% in the 2nd quarter. CWM LLC now owns 4,073 shares of the company’s stock worth $39,000 after buying an additional 1,786 shares during the period. Farther Finance Advisors LLC bought a new position in PagSeguro Digital in the 3rd quarter worth about $46,000. Virtus Advisers LLC purchased a new position in shares of PagSeguro Digital during the second quarter worth approximately $51,000. Versant Capital Management Inc raised its stake in shares of PagSeguro Digital by 114.1% during the third quarter. Versant Capital Management Inc now owns 5,156 shares of the company’s stock valued at $52,000 after acquiring an additional 2,748 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in shares of PagSeguro Digital by 93.4% in the second quarter. Osaic Holdings Inc. now owns 7,891 shares of the company’s stock valued at $76,000 after purchasing an additional 3,810 shares during the period. 45.88% of the stock is owned by hedge funds and other institutional investors.

PagSeguro Digital Trading Up 2.3%

Shares of NYSE:PAGS opened at $11.31 on Friday. The company has a market capitalization of $3.73 billion, a PE ratio of 8.76, a P/E/G ratio of 0.46 and a beta of 1.40. PagSeguro Digital Ltd. has a 12-month low of $6.70 and a 12-month high of $12.32. The business’s fifty day simple moving average is $10.42 and its 200-day simple moving average is $9.79.

PagSeguro Digital Dividend Announcement

The company also recently declared a special dividend, which will be paid on Friday, February 27th. Shareholders of record on Wednesday, January 28th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, January 28th. PagSeguro Digital’s dividend payout ratio is presently 10.85%.

Analyst Upgrades and Downgrades

Several research analysts have commented on PAGS shares. Weiss Ratings restated a “hold (c)” rating on shares of PagSeguro Digital in a report on Thursday, January 22nd. Susquehanna increased their price target on PagSeguro Digital from $11.00 to $12.00 and gave the stock a “positive” rating in a research report on Friday, November 14th. Finally, UBS Group raised their price target on PagSeguro Digital from $13.00 to $14.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $11.86.

PagSeguro Digital Company Profile

PagSeguro Digital Ltd. is a Brazil-based financial technology company that specializes in digital payment solutions for merchants and consumers. Through its online platform and a suite of physical point-of-sale devices, the company enables businesses of all sizes to accept credit and debit cards, process e-commerce transactions, and manage payments via QR codes and digital wallets. In addition to payment acceptance, PagSeguro offers prepaid accounts, funds transfers, and working-capital credit lines designed to support small and medium-sized enterprises.

The company’s product portfolio includes portable card readers, countertop terminals, and mobile point-of-sale devices that connect via Bluetooth or cellular networks.